Gross Earnings of Railroads for United States
Millions of Dollars, Quarterly, Not Seasonally Adjusted
Q03015USQ144NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.59
Year-over-Year Change
25.59%
Date Range
1/1/1869 - 10/1/1883
Summary
This economic trend measures the value of retail sales in millions of dollars on a quarterly basis, without seasonal adjustments. It provides insight into consumer spending patterns and the overall health of the U.S. economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Millions of Dollars, Quarterly, Not Seasonally Adjusted' series tracks retail sales data reported by the U.S. Census Bureau. It is a key indicator used by economists and policymakers to assess consumer demand, business activity, and broader economic conditions.
Methodology
The data is collected through monthly surveys of retail establishments and compiled by the U.S. Census Bureau.
Historical Context
This retail sales trend is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- Quarterly retail sales data is reported with a 1-2 month delay.
- Consumer spending is a major driver of GDP growth in the United States.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of retail sales in the United States on a quarterly basis, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a crucial indicator of consumer demand and the overall health of the U.S. economy. It helps economists, policymakers, and investors assess economic conditions and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely monitor retail sales data to inform monetary and fiscal policy decisions, as consumer spending is a major driver of economic growth.
Q: Are there update delays or limitations?
A: Quarterly retail sales data is reported with a 1-2 month delay, and the unadjusted figures may be subject to seasonal fluctuations.
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Citation
U.S. Federal Reserve, Millions of Dollars, Quarterly, Not Seasonally Adjusted (Q03015USQ144NNBR), retrieved from FRED.